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IntegrativeRisk and Valuation Given the following information for the stock of Foster Company, calculate the risk premium on its common stock. (Click on the icon

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IntegrativeRisk and Valuation Given the following information for the stock of Foster Company, calculate the risk premium on its common stock. (Click on the icon here e in order to copy the contents of the data table below into a spreadsheet.) Current price per share of common stock Expected dividend per share next year Constant annual dividend growth rate Risk-free rate of return $56.34 $4.46 9.3% 3.2% The risk premium on Foster stock is %. (Round to two decimal places.)

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